The loans were granted to more than 24,000 SMEs that operated below capacity, the ministry’s official news service Shata reported. Isfahan, Khorasan Razavi, Mazandaran, Tehran and East Azarbaijan provinces received a majority of loans on a descending order. Some 96% of all the licensed Iranian businesses are considered small- and medium-sized enterprizes, Financial Tribune reported.
EghtesadOnline: Seven thousand jobs were created following the government’s allocation of $4.5 billion in loans to small- and medium-sized enterprises in the fiscal March 2016-17, the Ministry of Industries, Mining and Trade announced.